US firm Anthropic gave the world a window into its remarkable finances on Monday after it submitted its S-1 paperwork ahead of a planned initial public offering. The artificial intelligence company revealed soaring revenues and high costs as it warned of the risks posed by AI. The listing will be a key yardstick for investor appetite in an increasingly controversial industry that has quickly woven itself into the fabric of daily life. Anthropic's net losses hit $80.7 billion in the first half of 2026, the filing showed, while revenue jumped to around $16.3 billion over the period. An IPO could bring in as much as $100 billion for the company behind Claude, with it potentially valued at upwards of $1.
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